Pay Anyone By Credit Card
Pay with Credit Card: Pay rent, taxes, and vendors via credit card, even if the recipients don’t accept cards.
Flexible Payout Options: Vendors, suppliers, and contractors receive payments via checks, ACH, wire transfers, or virtual cards.
No Merchant Fees: Recipients incur no additional charges.
Earn Rewards: Collect credit card points on every transaction.
Pay Vendors Using Credit Cards, Regardless of Whether They Accept Card Transactions.
Zil Money is a financial technology company, not a bank. Zil Money offers banking services through partnership with FDIC member banks Silicon Valley Bank and Texas National Bank.
online business accounts
transaction volume
checks processed
Using Credit Cards to Save Money on Business Expenses
Cash Back Rewards
Earn Cash Back: Credit cards like the Capital One Spark Card offer 2% unlimited cash back, while the American Express Plum Card offers 1.5% unlimited cash back.
Offset Fees: Using a credit card with cash back can partially offset the 2.95% process fee, reducing the effective cost.
Tax Benefits
Tax-Deductible Fees: The 2.95% process fee can be filed as a tax-deductible business expense, offering some financial relief.
Additional Tax Breaks: Depending on the jurisdiction and tax codes, you may be eligible for additional tax breaks for using credit cards for business expenses.
Cash Flow Management
Cash Float Period: Credit cards often provide a 30 to 45-day payment window, allowing businesses to manage their cash flow better.
Utilize Funds: During this period, the funds can be invested in short-term opportunities or other revenue-generating activities.
Floating Revenue from Bank
Float Revenue – Cash Incentive Earnings: The funds in your bank account for 30 to 45 days could earn Cash incentive or be invested in short-term revenue-generating activities.
Capital Utilization: The cash float period allows you to strategically utilize your capital for other pressing needs or investment opportunities.
Detailed Example: Capital One Spark Card
- Process Fee: 2.95%
- Cash Back: 2%
- Tax Break: 0.06%
- Final Fee: 0.35%
- Additional Benefit: 30-45 days of cash flow management and float revenue.
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Pay by Credit Card: Payees Receive as Checks, ACH, Wire, and Virtual Cards
Avoid transaction fees when paying with credit cards, while your payee receives payments as checks, ACH, wire transfers, or virtual cards. Enjoy credit card rewards with no extra charges.
No Worries About Transaction Costs
With Zil Money, pay with credit cards without worrying about transaction fees or extra charges. Keep your reward points and enjoy hassle-free transactions while maximizing your credit card benefits.
Mail Check from Credit Card and Wallet
Easily mail checks from credit card and wallet, simplifying transactions while boosting efficiency and security. Manage payments effortlessly with seamless integration.
Why Zil Money!
A technology-first approach to payments and finance
Easy to Access
High Security
Easy Payment
Maintain Cash Flow
Never worry about running out of cash again, with Zil Money covering your payments. Small businesses often face cash flow challenges, but not anymore! Zil Money ensures you can swiftly pay your vendors and suppliers, avoiding any cash crunch with instant fund availability.
